Some very positive news and results released for HDN over the...

Some very positive news and results released for HDN over the past week.

Their uranium exploration update from Shoobridge returned some very nice results
http://imagesignal.comsec.com.au/asxdata/20070719/pdf/00740214.pdf

Costean C-LB01
19m @ 0.12% (2.63 lb/t) U3O8
Costean C-LB03
9m @ 0.18% (4.06 lb/t) U3O8
inc 3m @ 0.53% (11.7 lb/t) U3O8
Costean C-LB02
8m @ 0.036% (0.79 lb/t) U3O8
Costean C-LB04
8m @ 0.016% (0.37 lb/t)U3O8
RC Hole LB001
9m @ 0.047% (1.03 lb/t) U3O8 & 0.098% Cu
RC Hole LB003
8m @ 0.027% (0.59 lb/t) U3O8
RC Hole LB005
3m @ 0.017% (0.38 lb/t) U3O8

In addtion to this we also saw the announcement advising that their rights issue was closed over subscribed with many shareholders actually applying for additional shares.
http://imagesignal.comsec.com.au/asxdata/20070719/pdf/00740431.pdf

What im trying to gauge is why the shareprice didnt move in particular when the uranium results were released? the results were very positive, yet I think we saw a 3% rise in the SP.

ANy thoughts on what will happen when the 23c shares are released onto the market? I suspect we may see some initial profit taking, then the bargain hunters will move in...

Regards
Kevi